Quick Service Restaurants (QSR) Market Insights to Hit US$264.89 billion by 2030, 4.9% CAGR Forecast

The main factors driving market growth are consumers' evolving habits and growing preferences for convenient food options. Based on type analysis, the independent segment led the global market and held the largest market share in 2021. By region, North America held the largest revenue share in 2021.

This Report Addresses:

● The quick service restaurants (QSR) market was valued at USD 173.72 billion in 2021 and is expected to grow to USD 264.89 billion by 2030.
● The market is anticipated to exhibit a CAGR of 4.9% during the forecast period.
● The market is primarily segmented on the basis of service, cuisine, type, and region.
● Asia Pacific is expected to exhibit the highest CAGR during the forecast period.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/quick-service-restaurants-qsr-market/request-for-sample

Market Overview:

Quick service restaurant (QSR) is a type of informal dining establishment where already prepared fast food is put together and provided to diners. Most of these stores have a small selection of dishes that are pre-cooked in large portions, then reheated and wrapped for customers to eat at the restaurant or take home. They offer a diverse selection of affordable food and drinks, including burgers, sandwiches, pizzas, pasta, soft and alcoholic beverages, desserts, cakes, pastries, chicken, and seafood, all influenced by local ingredients and cuisine.

Major Players:

Because there are so many companies in the market, it is expected to be both competitive and fragmented. The report has covered the major players operating in the quick service restaurants (QSR) market:

Ark Restaurant Corp., Burger King, Carrols Restaurant Group, Inc., Chipotle Mexican Grill, Darden Concepts, Inc., Dunkin Brands Group, Kotipizza Group Oyj, McDonald's, Quality Is Our Recipe, LLC, Restaurant Brands International Inc., Starbucks Corporation, Subway, The Wendy's Company, and Yum! Brands

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
https://www.polarismarketresearch.com/buy/1280/2

Growth Drivers:

The market is seeing increased demand due to consumers' preference for convenient and easy pick-up choices and third-party delivery services. Furthermore, market growth is anticipated with the incorporation of digital technologies into restaurant functions. Digital advancements are expected to play a key role in generating revenue and maintaining consumer loyalty in the coming years.

Regional Analysis:

• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Spain, Netherlands, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Segmentation Overview:

Quick Service Restaurants (QSR), Service Outlook (Revenue - USD Billion, 2018 - 2030)
• Eat-in
• Takeaway
• Drive-through
• Home Delivery

Quick Service Restaurants (QSR), Cuisine Outlook (Revenue - USD Billion, 2018 - 2030)
• American
• Chinese
• Italian
• Mexican
• Japanese
• Turkish & Lebanese
• Others

Quick Service Restaurants (QSR), Type Outlook (Revenue - USD Billion, 2018 - 2030)
• Independent
• Chain

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/quick-service-restaurants-qsr-market

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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https://www.openpr.com/news/3753384/meal-replacement-market-surge-to-18-91-billion-predicted

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This release was published on openPR.